Is Cranston, RI 02920 a buyer’s or seller’s market?
Cranston is a seller’s market. With about 1.9 months of supply and 60% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 94% of U.S. ZIP codes, and #7 of 52 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Cranston housing market right now
In the three months ending August 31, 2026, 60% of homes in Cranston, RI 02920 sold above their list price, the typical home went under contract in 19 days and there were 1.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 103 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 57%, homes sold faster (30 days then) and the median sale price held steady to $480,292. Overall, Cranston is more competitive than a year ago, so tougher for buyers.
Within Providence County, homes here sell faster than in 86% of the county’s ZIP codes, and sell more often over asking than in 69%. On our competition score, Cranston ranks #7 of 52 RI ZIP codes with enough sales (score 89 out of 100).
Nearby, buyers who want less competition could look at Foster 02825 (23% sold over asking) or Mapleville 02839 (25% sold over asking), while Clayville 02815 (100% sold over asking) and Glendale 02826 (100% sold over asking) are even more competitive.
Run the numbers for 02920
Nearby markets
Albion 02802 — /sq ftCentral Falls 02863Seller’s market $193 /sq ftChepachet 02814Seller’s market $298 /sq ftClayville 02815Seller’s market $489 /sq ft Browse all markets →Towns like Cranston nearby
Find towns like Cranston in other states →Where Cranston is
Loading map…
Questions about Cranston real estate
Is Cranston a buyer’s or seller’s market?
A seller’s market: there were 1.9 months of supply in Cranston, RI 02920 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Cranston?
The typical home went under contract in 19 days in the latest three months.
Do homes in Cranston sell over asking?
60% of homes sold above their original list price, and the typical sale closed at 101.4% of the list price.
What are property taxes in Cranston?
About 1.25% of a home’s value a year in Providence County, or roughly $5,000 on a $400,000 home.
What is the median home price in Cranston?
The median sale price was $480,292 in the three months ending August 31, 2026, about $280 per square foot.
Local agents
See all agents in 02920 →No sponsored agents in 02920 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 02920
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology